Lake Magdalene, FL Real Estate

According to census data in the year 2000 there were 12,970 housing units in Lake Magdalene. This represents a 75.3% growth from 7,399 in 1990.

Of those housing units, 12,970 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Lake Magdalene is about 69.5%. Lake Magdalene's vacancy rate, including seasonal lodging, is about 6.5%. Average household size is 2.35 people.

The majority of houses, apartments or condos in Lake Magdalene were built after 1979.


Housing Size

Housing Units by Size
Studio Type2.90%
One Bedroom14.20%
Two Bedrooms30.30%
Three Bedrooms31.10%
Four Bedrooms19.60%
Five Bedrooms or more1.90%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.52
Median year structure was built1978
Median Value of occupied units$110,600
Median Price asked for vacant units$122,500

Rented Homes, Apartments and Condos

Average Household Size1.96
Median year structure was built1981
Median Monthly Rent asked for vacant units$659

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage9.40%
Home Equity Loan8%
Simple Mortgage61.30%
Debt Free20.80%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs18.6%